Mint some Dai while you can! Increased debt ceilings have lowered the overall utilization of a number of different Maker Vault types.
For a closer look at the utilization of different vaults, please check out MakerBurn.
Dai Price: $1.002
Circulating Dai / Debt Ceiling / Utilization: 2,864,100,810 / 4,369,500,000 / 65.55%
Total Collateral / Collateralization: 7,719,309,378 / 269.52%
DAIly Active Addresses
Open Vaults: 22,108
Liquidations Initiated (3/13 - 3/19): 4 (3 complete, 1 in progress)
MKR Price: $2,092.28
MKR Supply: 995,238
MKR Burned (Total / Total Supply): 4,761.22 / 995238.78
Surplus Buffer (Now / To burn MKR / est’d time): 16,069,343.59 / 30,000,000 / 47.51 days
Annual Burn (estimated): 49,256.38 MKR
Executive Votes (Past week): 1
Governance Polls: 9
Thanks for checking out this update on the state and growth of Maker. Feedback is appreciated!